Senegal : 2006 Article IV Consultation; Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Senegal.

This 2006 Article IV Consultation highlights that Senegal has experienced strong growth, price stability, and a declining debt stock owing to substantial debt relief, but macroeconomic performance weakened in 2006. Following robust performance in 2003-05, economic growth is estimated to have fallen...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Staff Country Reports; Country Report ; No. 2007/335
Online Access:Full text available on IMF
Description
Summary:This 2006 Article IV Consultation highlights that Senegal has experienced strong growth, price stability, and a declining debt stock owing to substantial debt relief, but macroeconomic performance weakened in 2006. Following robust performance in 2003-05, economic growth is estimated to have fallen below 3.5 percent. The economy remains vulnerable to exogenous shocks and is dependent on donor support. The external current account deficit, excluding grants, is estimated to have increased by about 5 percent of GDP between 2004 and 2006, owing to the oil price shock and ICS' (chemical export company) difficulties.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Physical Description:1 online resource (76 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students